Azusa, CA 91702,333 N ROCKVALE AVE
Azusa, CA 91702,333 N ROCKVALE AVE
Azusa, CA 91702,333 N ROCKVALE AVE
Azusa, CA 91702,333 N ROCKVALE AVE
Azusa, CA 91702,333 N ROCKVALE AVE
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$8,400,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/31/2019

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19500218

Sold Date 12/31/19

HOA Y/N No

Year Built 1960

Property Description

The Rockvale Apartment Community is an ideal opportunity for a multifamily investor to take advantage of purchasing an apartment asset in the dynamic growth market of the East San Gabriel Valley. The Rockvale Apartments is conveniently located within a short distance to retail, restaurants, gold line transit hub, major entertainment venues and the top employment centers. The ownership does not have a defined timeline to sell and therefore may be able to accommodate timing on a 1031 exchange into Rockvale. The property features a projected immediately attainable upside in rental income. This is also a value add opportunity as the owners have owned the property for almost 30 years and have maintained, but not fully upgraded the interiors. The Rockvale Apartments is the perfect multifamily investment opportunity with projected long-term market stability, positive rental growth, improving East San Gabriel Valley sub-market location, tax and long-term appreciation benefits

Location

State CA

County Los Angeles

Area 607 - Azusa

Zoning AZR3C1200*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Attached Carport, Covered

Building

Story 2

Others

Senior Community No

Tax ID 8612020021

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Peter Hauser • Avison Young – Southern CA LTD
Bought with Peter Hauser • Avison Young – Southern CA LTD
agent-avatar

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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